How much revenue does a The Spice & Tea Exchange franchise make?

According to the 2025 FDD, the average gross revenue for a The Spice & Tea Exchange franchise is $542,747. The median revenue is $486,926.

How many The Spice & Tea Exchange franchise locations are there?

As of the 2025 FDD, The Spice & Tea Exchange has 93 franchise locations. The company has been franchising since 2008.

Can you get an SBA loan for a The Spice & Tea Exchange franchise?

Yes, SBA loans are available for The Spice & Tea Exchange franchises. Historical data shows 41 SBA 7(a) loans have been approved for The Spice & Tea Exchange franchisees, with an average loan amount of $210,915. The historical default rate is 2.4%.

Is The Spice & Tea Exchange a good franchise to buy?

The Spice & Tea Exchange shows several positive indicators: transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.

The Spice & Tea Exchange

The Spice & Tea Exchange franchises operate retail stores that sell spices, herbs, teas, spice blends, rubs, olive oil, salts, sugars, candles, honeys, and related products and accessories in a distinctive environment following the franchisor's System. Franchisees can pursue a Unit Franchise for a single store or an Area Development agreement to open and operate multiple stores in a defined geographic area. The business model relies on retail sales to consumers interested in gourmet culinary ingredients, teas, and accessories, targeting home cooks, food enthusiasts, and gift shoppers.

Locations

$299K–$532K

Investment

Since 2008

Franchising

RetailSt. Augustine, FLThe Spice & Tea Exchange Holdings, LLCwww.spiceandtea.comDisclaimer

Franchise Costs

Franchise Fee

$38,750

Item 5 of FDD

Initial Investment Range

$298,560 – $532,150

Low: $298,560High: $532,150

Item 7 of FDD

Royalty Rate

7.00%

of gross sales

Brand Fund

1.00%

Item 6 of FDD

Fixed Monthly Fees

$390 – $950

Item 6 of FDD

7% royalty (greater of 7% of Gross Sales or $1,750/mo) + 1% System Development Fee + $300-$800/mo Subscription, Support & Inventory Management Fee + $90-$150/mo Integrated Music System Fee

Financial Performance

Item 19 Financial Performance

Average Gross Revenue

Median Gross Revenue

Average Gross Profit

Data Based On: Data for average gross revenue and median gross revenue is based on 83 franchised units and 1 company-owned unit open for the full calendar year 2024 (Section I - All Comparable Units). Data for average gross profit is based on 35 multi-unit franchised stores open for the full calendar year 2024 (Section II - Multi-Unit Owned Stores).

* Average gross revenue is for 'Average Gross Sales – All Franchised Units' from Chart I-A (Section I) for 2024. Median gross revenue is from the notes for Chart I-A (Section I) for 2024. Average gross profit is for 'Average Gross Margin (dollars) - Multi-Unit Stores' from Chart II-B (Section II) for 2024, as this was the only explicit franchised gross margin data available (Chart I-B combined franchised and company-owned units). No net income, net profit, or EBITDA data was provided, nor sufficient expense data to estimate a net profit range.

Extracted Item 19 Section

How The Spice & Tea Exchange Compares

Key Insights

Top 10 largest franchise system in Specialty Food

Franchise	Investment	Fee	Royalty	Locations
The Spice & Tea Exchange Current	$299K – $532K	$39K	7.0%	93
EDIBLE ARRANGEMENTS	$214K – $587K	$30K	5.0%	680
HONEYBAKED HAM AND THE HONEYBAKED HAM AND CAFE CO.	$514K – $830K	$20K	6.0%	212
CANTEEN	$9K – $44K	$3K	5.3%	100
GRAZE CRAZE	$167K – $326K	$50K	6.0%	89
DOC POPCORN	$175K – $414K	$15K	6.0%	79
Specialty Food Average 14 franchises	$254K – $522K	$31K	6.1%	–

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 14 Specialty Food franchises by location count.

Locations & Growth

Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2024)

Outlets by state across the United States

Top States

1FL

2NC

3SC

4TX

5TN

6CT

7AL

8MI

9VA

10MD

11AZ

12GA

13MN

14NJ

15CO

+23 more states

SBA Loan History

Historical SBA 7(a) loan data for The Spice & Tea Exchange franchisees (2013 – 2025)

Total Loans

Average Loan

$210,915

Total Volume

$8.6M

Default Rate

2.4%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts

156 franchisee contacts on file from official FDD filings.

Name	Address	Phone	Email	SBA Loan
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active

156 Contacts Available

Unlock all The Spice & Tea Exchange franchisee contacts with verified contact information

Due Diligence

Litigation (Item 3)

Franchisee Cases0

No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryNo

No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations

Non-Renewals

Reacquired

Ceased Ops

Transfers

Sold to Franchisees

Projected New

Frequently Asked Questions

The total initial investment to open a The Spice & Tea Exchange franchise ranges from $298,560 to $532,150. This includes a franchise fee of $38,750. Ongoing royalty fees are 7.0% of gross sales.